Microsoft (MSFT) Soars on $17.4B Nebius GPU Deal, Accelerating AI Push
Microsoft agreed to a $17.4 billion, five-year deal with Nebius to secure GPU infrastructure capacity, strengthening its AI and Azure capabilities amid rising cloud competition.
Market context
Follow the story. See which markets it affects. Explore the context.
Microsoft agreed to a $17.4 billion, five-year deal with Nebius to secure GPU infrastructure capacity, strengthening its AI and Azure capabilities amid rising cloud competition.
Microsoft agreed to buy $17.4B (potentially $19.4B) of GPU capacity from Nebius over five years, with deployments starting this year and next; Nebius stock jumped 50%, enabling faster AI cloud expans…
Nebius shares jumped 63% after signing a $17.4 billion, five-year deal to supply AI infrastructure capacity to Microsoft starting later this year; Nebius expects accelerated AI cloud growth in 2026 a…